Oracle Incentive Compensation Product Owner
Job Description
As the Oracle Incentive Compensation (OIC) Product Owner, you will drive the strategic implementation, optimization, and governance of our global Incentive compensation platforms. You will work closely with cross-functional teams, Sales Operations, Finance, and IT engineering teams, ensuring incentive compensation plans, crediting logic, and payout calculations align with business strategy and operate seamlessly. By applying a data-driven approach and scalable product management principles, you will enhance accuracy and deliver high-impact automated compensation solutions.The role will involve driving the successful delivery of the solution while considering the end-to-end view.
Key Responsibilities
- Product Vision & Roadmap: Define and maintain the product roadmap for Oracle Incentive Compensation for new acquisitions, aligning with global sales strategy.
- Backlog Management: Author detailed user stories, define acceptance criteria, and prioritize the sprint backlog to ensure the engineering team delivers maximum business value.
- Requirements Gathering and Analysis: Collaborate with stakeholders, customers, and internal teams to gather requirements. Conduct research, stakeholder analysis, and user feedback analysis to inform product decisions.
- Stakeholder Alignment: Collaborate with Sales Operations, Finance, and HR to translate complex compensation plans and quota models into functional system requirements.
- Process Optimization: Identify opportunities to automate manual processes.
- UAT & Quality Assurance: Lead User Acceptance Testing (UAT) for new releases, ensuring accurate incentive calculations.
- Data and Process Governance: Ensure seamless data flow between OIC (actuals/payouts) and upstream and downstream systems.
- Data Driven / Prioritization: Bring a data-driven approach to the product and provide insights into how the product is performing and capturing business value. Using those data insights, prioritize effectively to drive the product forward using data insights to make decisions
Basic Requirements
- Experience: 6+ years of experience in Product Ownership or Business Analysis, specifically within the Oracle Incentive compensation/Sales planning suite.
- Core Expertise: Deep functional knowledge of Oracle Incentive Compensation (Rules engine, Plan components, Credits, and Payouts) and Sales planning process
- Agile Mastery: Proven track record working in an Agile/Scrum environment, managing ceremonies and using tools like Jira. Leading cross-functional teams and curating product backlogs.
- Analytical Mindset: Ability to troubleshoot complex logic within compensation formulas and SQL-based data sets.
- Domain Knowledge: Deep comprehension of product features, industry standards, and security protocols.
- Solving: Skill in maneuvering through ambiguous scenarios and resolving operational roadblocks independently.
- Proactive Execution: High initiative with a focus on achieving strategic objectives autonomously.
- Analytical Aptitude: Exceptional capacity for synthesizing intricate requirements into actionable functional specs.
- Communication & Leadership: Superior written and verbal skills, proficient at driving consensus across diverse stakeholder groups.